Financial indicators
Financial indicators by fiscal year
Latest Data 2014-2023 (EXCEL) Updated on Feb. 14, 2024
Data for the last 5 YearsUpdated on Feb. 14, 2024
| Dec. 2019 | Dec. 2020 | Dec. 2021 | Dec. 2022 | Dec. 2023 | ||
|---|---|---|---|---|---|---|
| Return on shareholder's equity Note 1) | % | 11.1 | 7.5 | 19.8 | 18.7 | 15.4 |
| Return on assets Note 2) | % | 5.1 | 3.3 | 9.0 | 8.7 | 6.9 |
| Equity Ratio Note 3) | % | 46.0 | 43.6 | 46.9 | 45.9 | 43.7 |
| Total assets turnover Note 4) | Times | 1.13 | 0.93 | 1.04 | 1.12 | 1.02 |
| Tangible fixed asset turnover Note 5) | Times | 4.81 | 4.23 | 5.23 | 6.04 | 5.85 |
| Inventory turnover Note 6) | Times | 3.56 | 3.29 | 3.64 | 3.47 | 2.99 |
| Account receivable turnover Note 7) | Times | 10.99 | 10.46 | 13.28 | 14.54 | 15.24 |
| Debt/Equity Ratio Note 8) | Times | 0.52 | 0.65 | 0.53 | 0.60 | 0.75 |
| Interest coverage Note 9) | Times | 29.19 | 31.11 | 53.05 | 16.98 | 8.64 |
- Note 1)
- Return on shareholder's equity = Net income attributable to owners of parent / Average net assets
- Note 2)
- Return on assets = Net income attributable to owners of parent / Average total assets
- Note 3)
- Equity Ratio = Net assets/ Total assets
- Note 4)
- Total assets turnover = Net sales / Average total assets
- Note 5)
- Tangible fixed asset turnover = Net sales / Average tangible fixed assets
- Note 6)
- Inventory turnover = Cost of sales / Average inventory
- Note 7)
- Accounts receivable turnover = Net sales / Average accounts receivable(notes and accounts receivable – trade, and contract assets-allowance for doubtful accounts)
- Note 8)
- Debt/Equity Ratio = Interest-bearing debt/Net assets
- Note 9)
- Interest coverage = (Operating income+interest and dividend income) / (Interest paid+bond interest+discounted sales)
- Note 10)
- From the fiscal year ended December 31, 2016, the presentation of sales finance-related income and expenses has changed from recording under “Selling, general and administrative expenses,” “Non-operating income,” and “Non-operating expenses” to recording under “Net sales,” “Cost of sales,” and “Selling, general and administrative expenses.”
To reflect this change in presentation method, the consolidated financial statements for the fiscal year ended December 31, 2015 have been reclassified.
